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viktelen [127]
2 years ago
9

Tonya decided to purchase a piece of equipment from a domestic company instead of an overseas company despite the domestic compa

ny's higher cost and lower quality. Her decision was based on uncertainty that the foreign shipment would meet her production deadline. According to Herbert Simon, Tonya was feeling the effects of _____.
Social Studies
1 answer:
jonny [76]2 years ago
4 0

Answer:

Bounded rationality.

Explanation:

Tonya was feeling the effects of bounded rationality. According to Herbert Simon, people’s rationality is limited when making a decision. The rationality is limited by the information the person has, by the cognitive limitations and the time available to make the decision. In this case, if Tonya had been really rational she would have chosen the overseas company. However, she lacked information about shipment and that uncertainty led her to choose the domestic company instead, even if it had many disadvantages.

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she would have to go to the hospital for treatment

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Marty just finished creating a market demand schedule for his hardware store. Which of the following is he most likely trying to
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He is most likely trying to determine how many tools are sold to all consumers in the market at various prices.

Answer: Option C

<u>Explanation:</u>

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Although the graphical demonstration of such data is given through demand curve and usually the relationships between the prices and the number of commodity required is just opposite to each other.

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1 year ago
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A timeshare estate involves a fee simple type of ownership.

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Which of these was not a key difference between Northern and Southern states at the Constitutional Convention?

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A) Wanting to protect states' interests vs. a government with strict rules.

B) Having more, larger cities vs. having fewer, smaller cities.

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The option that was not a key difference between Northern and Southern states at the Constitutional Convention was "Wanting to protect states' interests vs. a government with strict rules."

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